S.356 - Community Choice in Real Estate Act

A bill to amend the Bank Holding Company Act of 1956 and the Revised Statutes of the United States to prohibit financial holding companies and national banks from engaging, directly or indirectly, in real estate brokerage or real estate management activities, and for other purposes. view all titles (2)

All Bill Titles

  • Official: A bill to amend the Bank Holding Company Act of 1956 and the Revised Statutes of the United States to prohibit financial holding companies and national banks from engaging, directly or indirectly, in real estate brokerage or real estate management activities, and for other purposes. as introduced.
  • Short: Community Choice in Real Estate Act as introduced.

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Bill's Views

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  • Past Seven Days: 12
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01/28/09
 
 
 
 
 
 
 

Official Summary

1/29/2009--Introduced.Community Choice in Real Estate Act - Amends the Bank Holding Company Act of 1956 and the Revised Statutes of the United States to prohibit the Board of Governors of the Federal Reserve System and the Secretary of the Treasury, respectively, from determining that real

Official Summary

1/29/2009--Introduced.Community Choice in Real Estate Act - Amends the Bank Holding Company Act of 1956 and the Revised Statutes of the United States to prohibit the Board of Governors of the Federal Reserve System and the Secretary of the Treasury, respectively, from determining that real estate brokerage activity or real estate management activity is financial in nature, is incidental to any financial activity, or is complementary to a financial activity. (In effect, prohibits financial holding companies and national banks from engaging, directly or indirectly, in real estate brokerage or real estate management activities.) Exempts from such prohibition:
(1) activities of a bank holding company (or any affiliate) that directly relate to managing any real property owned by national banks or their affiliates; and
(2) the right, power, or ability of any financial holding company to engage in any activity, or acquire or retain the shares of any company engaged in an activity authorized for financial holding companies on December 6, 2001 ("grandfather clause").

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Recent News Coverage

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Recent Blog Coverage

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12/07/10
Ausschaffungsinitiative: Wenn die direkte Demokratie mit den ...

Der Mehrheitsregel schreibt Rawls einen bloß instrumentellen Wert zu (Rawls, John, 1971: A Theory of Justice, S. 356). Ob Einschränkungen der Mehrheitsregel gerechtfertigt sind, ist dann eine Frage der politischen Klugheit: Es gilt die ...

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11/23/10
Kaufsucht im Internet. Hypothesenprüfung und Modellexploration zur ...

Kommunikationspsychologie und Medienpsychologie (S. 356-371). Weinheim: BeltzPVU. statista.com (2008a). http://de.statista.com/statistik/diagramm/studie/80180/umfrage/modische-kleidung-als-voraussetzung-zum-erfolg/ (20.10.2010) ...

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11/22/10
India's Superpower Euphoria CXXV « News, Views and Reviews: Sid Harth

S. 356(1). Scope of offences in Chapter XVI IPC 186. S. 358. Enhancement of limit of fine 186. S. 377. Filing of appeal in court of session on ground of inadequacy of sentence 186. S. 378. Appeal against order of acquittal by Magistrate ...

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